The Seasonal loan offers you an overdraft facility adapted to periodic activities. This solution allows you to finance your expenses serenely and to manage your cash flow according to your needs, especially if you work in the agri-food industry.
With an overdraft facility designed to meet the needs of seasonal activities, the seasonal loan is a smart financing solution that adjusts to your spending schedule.
The seasonal loan is intended for companies operating in industries such as agri-food that have seasonal activities. This loan allows to finance raw materials or products during a season and thus to compensate for the gap between expenses and revenues.
The duration of the Seasonal loan varies depending on the nature of the campaign, usually from 6 to 12 months.
The Seasonal loan is a variable-rate short term loan. Special pricing may be granted to BANK OF AFRICA customers. For more information, please contact your BANK OF AFRICA customer advisor.